Big Profits From Bad Backs

Spinal device maker Globus Medical is poised to boost sales as aging Americans seek surgical solutions for their back pain.

Make no bones about it. Globus Medical is a small medical device company with big possibilities.

With sales of $386 million last year, Globus (ticker: GMED) is the fifth-largest maker of implants and instruments used to repair damaged or injured spines. That's a dubious distinction given that the once fast-growing $6 billion U.S. spinal device market has been hobbled by a weak economy and pricing pressure.